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Nigeria Slashes Petrol Pump Price again
The Nigerian Government has announced a further reduction in the Premium Motor Spirit (PMS)’s pump price to N123.50 per litre. The Petroleum Products Pricing Regulatory
Nigeria: Oil workers poised to disrupt supplies again with new strike action
Just after Petrol Tankers association in Lagos were pressed to suspend their strike action early this week, members of the Petroleum and Natural Gas Senior
OPEC+ to reduce production cuts in August to 7.7 million barrels a day
The Organization of the Petroleum Exporting Countries (OPEC) and its allies have agreed to increase crude oil supply starting from next month, as demand continues to rise to pre-pandemic levels. OPEC+ agreed to reduce
Nigerian President approves reduction of Petroleum pump price
President Muhammadu Buhari has approved the reduction in the pump price of premium motor spirit (PMS) from N145 per litre to about N130. Presidency sources
OPEC recruits Russia’s support on production cut
Saudi Arabia and other members of the Organisation of Petroleum Exporting Countries are seeking to win support from Russia to join them in new additional
